First Capital (NASDAQ:FCAP) Coverage Initiated at StockNews.com

StockNews.com started coverage on shares of First Capital (NASDAQ:FCAP - Free Report) in a report published on Wednesday morning. The firm issued a hold rating on the savings and loans company's stock.

First Capital Stock Performance

First Capital stock remained flat at $34.99 during mid-day trading on Wednesday. 1,840 shares of the company traded hands, compared to its average volume of 2,170. The company has a debt-to-equity ratio of 0.29, a current ratio of 0.70 and a quick ratio of 0.70. The company has a 50 day moving average of $31.95 and a 200 day moving average of $32.94. The stock has a market cap of $117.22 million, a price-to-earnings ratio of 9.80 and a beta of 0.56. First Capital has a one year low of $26.73 and a one year high of $38.00.

First Capital (NASDAQ:FCAP - Get Free Report) last announced its quarterly earnings data on Friday, January 24th. The savings and loans company reported $0.97 earnings per share (EPS) for the quarter. First Capital had a net margin of 20.54% and a return on equity of 10.84%.

First Capital Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, December 27th. Investors of record on Friday, December 13th were given a $0.29 dividend. This represents a $1.16 annualized dividend and a yield of 3.32%. The ex-dividend date was Friday, December 13th. First Capital's dividend payout ratio is presently 32.49%.

Hedge Funds Weigh In On First Capital

Several institutional investors have recently bought and sold shares of FCAP. Fourthstone LLC purchased a new stake in shares of First Capital during the 4th quarter valued at about $1,824,000. Truffle Hound Capital LLC bought a new stake in First Capital during the fourth quarter worth approximately $1,193,000. Siena Capital Partners GP LLC lifted its stake in shares of First Capital by 17.4% in the 3rd quarter. Siena Capital Partners GP LLC now owns 103,032 shares of the savings and loans company's stock valued at $3,602,000 after purchasing an additional 15,277 shares during the last quarter. Commonwealth Equity Services LLC boosted its holdings in shares of First Capital by 91.8% in the 4th quarter. Commonwealth Equity Services LLC now owns 21,319 shares of the savings and loans company's stock worth $688,000 after purchasing an additional 10,204 shares during the period. Finally, Raymond James Financial Inc. bought a new position in First Capital during the fourth quarter valued at $292,000. Institutional investors own 11.65% of the company's stock.

First Capital Company Profile

First Capital, Inc operates as the bank holding company for First Harrison Bank that provides various banking services to individuals and business customers. The company offers various deposit instruments, including non-interest-bearing checking accounts, negotiable order of withdrawal accounts, money market accounts, regular savings accounts, certificates of deposit, and retirement savings plans.